S.C. Code Regs. § 10-37

Current through Register Vol. 48, No. 6, June 28, 2024
Section 10-37 - Real Estate Commission

The Board shall charge the following fees:

A. New License:

1. Broker-in-Charge/Property Manager-in-Charge (biennial

) $250

2. Broker/Property Manager (biennial)

$125

3. Salesperson (Provisional), (annual)

$25

4. Credit report for applicant by reciprocity

$10

5. Salesperson applicant from non-reciprocity states

$50 (biennial)

B. Renewal:

1. Broker-in-Charge/Property Manager-in-Charge (biennial)

$75

2. Broker/Inactive Broker/Property Manager/Inactive Property Manager (biennial)

$55

3. Salesperson/Inactive Salesperson (biennial)

$45

4. The late renewal fee is $25 per month, beginning July 1st December 31st. After December 31st, the licensee must re

through :apply.

5. Timeshare Salesperson:

$50

C. Licensing Transactions:

1. Upgrade of Salesman Provisional License

$25

2. License Transfer

$0

3. Duplicate License

$10

4. Certification of Licensure

$5

5. Personal Name Change

$10

6. Change of License Status

a. BIC/PMIC to Broker/Property Manager

$10

b. Activate License (same classification) from Inactive

$10

c. Company Name or Address Change

($10 per licensee or maximum of $250 an office)

$10

D. Examination Process

1. Application

$25

2. Credit Report

$10

3. Examination is payable directly to examination vendor.

E. Provider, Course, and Instructor Fees

1. Course provider approval

$200

2. Course provider renewal

$100

3. Course approval

$100

4. Course approval renewal

$50

5. Instructor approval

$100

6. Instructor renewal

$50

7. Late renewal (after August 31st) for provider, course, or instructor

$50

The education year is September 1st of even-numbered years through August 31st.

S.C. Code Regs. 10-37

Added by State Register Volume 38, Issue No. 6, eff 6/27/2014; State Register Volume 39, Issue No. 06, eff. 6/26/2015; State Register Volume 41, Issue No. 05, eff. 5/26/2017; State Register Volume 42, Issue No. 05, eff. 5/25/2018.